The merger was expected to create an online payments gateway juggernaut that would process $147 billion in annualised total payments value ...

The fintech firm has moved businesses and subsidiaries of PhonePe Singapore, including its insurance broking services and wealth broking se...

Prosus, the global investment arm of South African multinational Naspers, has cancelled a $4.7 billion deal to buy Indian payments firm Bil...

Digital payments firm PhonePe’s revenue from operations was Rs 690 crore in FY21, from Rs 371.7 crore in the previous fiscal year.

The company will list on Indian stock exchanges as opposed to many startups that prefer to incorporate overseas, primarily Singapore or the...

Flipkart had announced the partial spin-off of PhonePe, as the digital payment firm had raised $700 million in funding, valuing it at $5.5 ...

The retail giant takes its stake to 10% as Flipkart spins off its payment arm at $5.5 billion post-money valuation.

Flipkart co-founder Binny Bansal will join PhonePe's board of directors, along with the fintech company's co-founders Sameer Nigam and Rahu...

The proposed demerger will coincide with PhonePe's ongoing fund raising plan of about a billion dollar through primary and secondary sale o...

Payments company looking to raise up to $1 billion in external capital; it’s not clear how much Flipkart will divest.

PhonePe will function as an independent business unit. The details of the transaction were not disclosed, but the deal is not cash transact...